CHANNEL THERAPEUTICS CORP (CHRO) Stock Technical Analysis
NYSEARCA:CHRO - NYSE Arca - US1711261057 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CHRO. In the last year, CHRO was one of the better performers, but we do observe some doubts in the very recent evolution.
CHRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CHRO is part of the Biotechnology industry. There are 571 other stocks in this industry. CHRO outperforms 91% of them.
CHRO has an average volume of 1075530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CHRO did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month CHRO has a been trading in the 1.22 - 2.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CHRO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.88. Right above this resistance zone may be a good entry point.
More info and screens
0.61
1.90
When analyzing the support we can see 3 important areas.
- Support @1.62 from a horizontal line in the daily time frame.
- Support @1.50 from a trend line in the daily time frame.
- Support @0.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield1.22
10 Day High1.99
10 Day Low1.22
20 Day High2.86
20 Day Low1.22
52 Week High4.74
52 Week Low0.45
Performance
1 Week-2.89%
2 Weeks6.33%
1 Month-39.78%
3 Month154.55%
6 Month97.65%
12 Month-61.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)50.49
LBB1.31
UBB2.04
1.68
+0.05 (+3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.07%
1 Week-2.89%
2 Weeks6.33%
1 Month-39.78%
3 Month154.55%
6 Month97.65%
12 Month-61.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%20.64%
ATR Inc-48.53%
Range Today0.23
ADR(20)0.34
ADR(20)%20.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.84
Mansfield1.22
10 Day High1.99
10 Day Low1.22
20 Day High2.86
20 Day Low1.22
52 Week High4.74
52 Week Low0.45
CS1 End1.62
CR1 Start1.88
Volume & EV
DER(3)1.27%
DER(5)-5.19%
Volume42.40K
Volume Incr-98.75%
Vol(5)31.68K
Vol(50)1.08M